steve harrigan has more. this was a fair win? >> shepherd, the opposition is conceding defeat, but also at the same time making real complaints. saying that chavez used tens of millions of dollars of government oil money to pretty much buy votes, spend it on public housing and spend it on pensions. so much so that there is real concern that the currency may have to be devalued pretty soon, shep. >> shep: steve, is there anything to come out of this that's positive for the united states? >> i think for u.s. policy makers, it is positive that this election was largely peaceful. more than 80% turnout, people waiting in lines for hours. there is concern, though, with chavez's direction, both domestically, he supplies 10% of the u.s. oil. he says he wants to sell more to china, less to the u.s. but real concerns about chavez's foreign policy. over the past several years, he's built a strong alliance with iran. that's something he intends to continue. so that's a worrying spot for u.s. policy makers. >> shep: steve harrigan, thank you.